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Rent To Own Homes in Northridge, CA 91326

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Northridge, CA Foreclosures

How much do homes sell for in Northridge, CA?
The average home price is currently $1,195,974.
In Northridge, CA, how many homes are available?
There are currently 29 active home listings available in Northridge.
What’s the average rental cost in Northridge, CA?
The average rental price in Northridge is $3,253.
What is the most expensive home in Northridge?
The most expensive home sold in Northridge had a price of $196,021,680.
What is currently the cheapest priced home in Northridge, CA?
The cheapest home for sale in Northridge is priced at $157,000.

Living in Northridge, CA

Northridge, CA is a family-friendly neighborhood in the San Fernando Valley offering a blend of suburban comfort and urban accessibility. With excellent schools, numerous parks, and a vibrant community, it's an ideal place for families and students alike. The presence of California State University, Northridge adds to the educational and cultural richness of the area.

Current Market Conditions in Northridge, CA

Northridge has experienced a steady demand for housing, with a balanced mix of single-family homes, townhouses, and condominiums. As of late 2023, inventory levels are moderate, and prices have shown slight appreciation, signaling a healthy market. The emphasis on community amenities and educational opportunities continues to make Northridge highly desirable among homebuyers and renters alike.

The rental market in Northridge is also thriving, with many investors looking to capitalize on the area's growing population and demand for housing options that cater to students and families. Short-term rental opportunities have appeared as a result of the university's presence, further diversifying the local real estate market.

Home Value Estimator For Northridge, CA

There are currently 26,668 real estate properties in Northridge, CA, with a median automated valuation model (AVM) price of $1,078,812.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Northridge, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Northridge, CA, is $1,195,974.00, with the most expensive house in Northridge, CA, topping out at $196,021,680.00 and the cheapest home in Northridge, CA, clocking in at $157,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Northridge, CA!

Rent Prices In Northridge, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Northridge, CA, is on a rollercoaster ride. The average rent price in Northridge, CA, is $3,253.00. Indeed, when looking to rent in Northridge, CA, you can expect to pay as little as $1,370.00 or as much as $6,640.00, with the average rent median estimated to be $3,170.00. The good news is that finding an affordable and desirable property to rent in Northridge, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Northridge, CA 91326 Rent To Own Homes

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